In fairness, it doesn't baffle me all that much. For all the PR, Bitcoin is ultimately worth money because someone developed an untraceable currency that can be used by the criminal element to make transactions on the darkweb. The fact that the currency has widened to the point where more people use it doesn't change the fact that this is the reason it became a precious commodity.

It's like how YouTube say they became big because they gave people a chance to upload their own videos to the web, when those of us who were there at the time know that YouTube became popular because pre-Google, they were basically piracy-Netflix without malware.